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531-533 Concord Ave
Bronx, NY 10455
680-682 Courtlandt Ave, Bronx, NY 10451 · Land For Sale · 0.12 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Total Lot Size 0.12 AC
No. Stories 8
Zoning R7-1

DESCRIPTION

Opportunity to acquire a vacant commercial building & abutting vacant lot in the Mott Haven neighborhood in the Bronx. 531 Concord Avenue is a vacant 2,575 SF lot with 8,845 SF of total BSF 533 Concord Avenue is a vacant 6,792 SF building situated on a 2,500 SF lot with 2,000 SF of unused air rights 531-5-33 Concord avenue offers 50 feet of frontage and has over 17,000 SF of total development rights, primed for ground-up residential development Properties are situated on a progressively zoned corridor; the region was rezoned to accommodate mixed-use development projects. The properties are surrounded by a wide range of ongoing mixed-use development projects which will further support the burgeoning demand to live/work/play in this rapidly emerging neighborhood. The rapidly emerging Mott Haven neighborhood in South Bronx is situated directly north of Manhattan and provides several convenient transportation options to Manhattan. The area is undergoing an unwavering transformation, without compromising the historical essence of New York and the age old region. The area enjoys several parks, schools, community centers, a large waterfront which spans the Harlem River where a range of large & small development projects will indefinitely create a ubiquitous neighborhood which will cater to a wide variety of people. The confluence of the old and new will turn this region into a community which boasts strong underlying market fundamentals that will support the progressive growth and development of this community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02579-0028
Land Assessment
$68,400
Improvements Assessment
$1,497,600
Total Assessment
$1,566,000
  • Listing ID: 7349661

  • Date on Market: 5/23/2017

  • Last Updated:

  • Address: 531-533 Concord Ave, Bronx, NY 10455

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